All “Freight economics” topics

This article follows on from the one on the 2018/19 Domestic Costs and Charges Study (September 2023 issue) and compares some of its findings with those of the Surface Transport Costs and Charges study of 2001/02.

The freight and supply chain system faces substantial changes over the coming years but a new strategy sets out goals and focus areas for the next three, 10 and 30 years.

Most supply chain experts extrapolate volume growth and trade routes based on economic modelling grounded in current paradigms – more people mean more freight movements; higher incomes will mean more demand for goods. With the world changing so rapidly, can we be sure this model will remain valid in future?

KiwiRail Group Chief Executive Officer Greg Miller explains highlights of the latest “Value of Rail” report.

A major study which addresses a gap in the NZ Transport Agency’s Economic Evaluation Manual has recently been completed. The study assesses values that freight shippers would place on speedier delivery and more reliable arrival times.